 | |
 | |
| Industry | Restaurant |
|---|---|
| Founded | 1997 in South Korea |
| Headquarters | , South Korea |
Number of locations | 112 stores (2015) |
| Website | ivips |
VIPS is a restaurant chain in South Korea owned by the CJ Foodville of CJ Group.
| | |
| | |
| Industry | Restaurant |
|---|---|
| Founded | 1997 in South Korea |
| Headquarters | , South Korea |
Number of locations | 112 stores (2015) |
| Website | ivips |
VIPS is a restaurant chain in South Korea owned by the CJ Foodville of CJ Group.
The first store was opened in 1997 in Deungchon, Seoul.[ citation needed ]
As of 2015, the chain had 112 branches in South Korea. [1] The number of stores, however, decreased sharply in the next few years. It decreased to 61 in 2018 and 45 in December 2019. [2] [3] VIPS recognized the crisis, and attempted various changes for sales growth through changing the store concepts and interior relevant to the targets that live near the store. [4]
In 2015 CJ Foodville announced a plan to set up some 100 restaurants in China by 2017. [5]
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